NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Reaches New 52-Week High – Still a Buy?

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) shares reached a new 52-week high during trading on Monday . The company traded as high as C$5.99 and last traded at C$5.98, with a volume of 227379 shares changing hands. The stock had previously closed at C$5.93.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on NWH.UN shares. Royal Bank Of Canada set a C$5.50 price target on NorthWest Health Prop Real Est Inv Trust and gave the company a “sector perform” rating in a research note on Monday, November 24th. BMO Capital Markets raised their price objective on NorthWest Health Prop Real Est Inv Trust from C$5.00 to C$6.00 in a research report on Thursday, November 13th. Canadian Imperial Bank of Commerce upped their target price on shares of NorthWest Health Prop Real Est Inv Trust from C$5.50 to C$5.75 in a research report on Thursday, November 13th. Finally, Scotiabank increased their target price on shares of NorthWest Health Prop Real Est Inv Trust from C$6.50 to C$7.00 in a research note on Thursday, November 13th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$6.00.

NorthWest Health Prop Real Est Inv Trust Price Performance

The company’s 50-day moving average price is C$5.50 and its 200-day moving average price is C$5.24. The company has a quick ratio of 0.06, a current ratio of 0.25 and a debt-to-equity ratio of 129.42. The firm has a market cap of C$1.50 billion, a price-to-earnings ratio of 29.78, a PEG ratio of 0.74 and a beta of 1.78.

About NorthWest Health Prop Real Est Inv Trust

Northwest Healthcare Properties Real Estate Investment Trust provides investors with access to a portfolio of high-quality healthcare real estate. The company provides investors exposure to a well-diversified portfolio of healthcare real estate located in the greater areas of cities such as Australasia, Brazil, Germany, and Canada of which Australasia derives a majority of revenue to the company.